Ministry of Commerce & Industry
Index of Eight Core Industries  January, 2019
1. The summary of the Index of Eight Core Industries  is given at the Annexure.
2. The Eight Core Industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production . The combined Index of Eight Core Industries stood at 134.8 in January, 2019, which was 1.8per centhigheras compared to the index of January, 2018. Its cumulative growth during April to January, 2018-19was 4.5per cent.
Coal
3. Coal production increased by 1.7 per cent in January, 2019 over January, 2018. Its cumulative index increased by 7.1 per centduring April to January, 2018-19over corresponding period of the previous year.
Crude Oil
4. Crude Oil production  declinedby 4.3 per cent in January, 2019 over January, 2018. Its cumulative index declined by 3.8 per centduring April to January, 2018-19over the corresponding period of previous year.
Natural Gas
5. The Natural Gas production  increased by 6.2per cent in January, 2019 over January, 2018. Its cumulative index increased by 0.5 per centduring April to January, 2018-19 over the corresponding period of previous year.
Refinery Products
6. Petroleum Refinery production  declined by 2.6 per cent in January, 2019 over January, 2018. Its cumulative index increased by 3.4 per centduring April to January, 2018-19over the corresponding period of previous year.
Fertilizers
7. Fertilizers production  increased by 10.5 per cent in January, 2019 over January, 2018. Its cumulative index declined by 0.3 per centduring April to January, 2018-19 over the corresponding period of previous year.
Steel
8. Steel production increasedby 8.2 per cent in January, 2019 over January, 2018. Its cumulative index increased by 5.0per centduring April to January, 2018-19 over the corresponding period of previous year.
Cement
9. Cement production  increasedby 11.0per cent in January, 2019over January, 2018. Its cumulative index increased by 13.6per centduring April to January, 2018-19over the corresponding period of previous year.
Electricity
10. Electricity generation  declined by0.4per centin January, 2019over January, 2018. Its cumulative indexincreased by5.7per cent duringApril to January, 2018-19over the corresponding period of previous year.
Note 1: Data for November, 2018, December, 2018and January, 2019are provisional.
Note 2: Since April, 2014, Electricity generation data from Renewable sources are also included.
Note 3: The industry-wise weights indicated above are individual industry weight derived from IIP and blown up on pro rata basis to a combined weight of ICI equal to 100.
Note 4: Release of the index for February, 2019 will be on Monday, 1st April, 2019.
Annexure
Performance of Eight Core Industries
Yearly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
Apr-Jan 2017-18
|
|
Apr-Jan 2018-19
|
|
Coal
|
|
10.3335
|
|
103.2
|
|
104.2
|
|
112.6
|
|
118.0
|
|
121.8
|
|
124.9
|
|
117.0
|
|
125.3
|
|
Crude Oil
|
|
8.9833
|
|
99.4
|
|
99.2
|
|
98.4
|
|
97.0
|
|
94.5
|
|
93.7
|
|
94.2
|
|
90.7
|
|
Natural Gas
|
|
6.8768
|
|
85.6
|
|
74.5
|
|
70.5
|
|
67.2
|
|
66.5
|
|
68.4
|
|
68.9
|
|
69.3
|
|
Refinery Products
|
|
28.0376
|
|
107.2
|
|
108.6
|
|
108.8
|
|
114.1
|
|
119.7
|
|
125.2
|
|
125.1
|
|
129.3
|
|
Fertilizers
|
|
2.6276
|
|
96.7
|
|
98.1
|
|
99.4
|
|
106.4
|
|
106.6
|
|
106.6
|
|
107.0
|
|
106.7
|
|
Steel
|
|
17.9166
|
|
107.9
|
|
115.8
|
|
121.7
|
|
120.2
|
|
133.1
|
|
140.5
|
|
139.1
|
|
146.1
|
|
Cement
|
|
5.3720
|
|
107.5
|
|
111.5
|
|
118.1
|
|
123.5
|
|
122.0
|
|
129.7
|
|
126.9
|
|
144.2
|
|
Electricity
|
|
19.8530
|
|
104.0
|
|
110.3
|
|
126.6
|
|
133.8
|
|
141.6
|
|
149.2
|
|
149.7
|
|
158.3
|
|
Overall Index
|
|
100.0000
|
|
103.8
|
|
106.5
|
|
111.7
|
|
115.1
|
|
120.5
|
|
125.7
|
|
124.7
|
|
130.3
Growth Rates
|
|
Sector
|
|
Weight
|
|
2012-13
|
|
2013-14
|
|
2014-15
|
|
2015-16
|
|
2016-17
|
|
2017-18
|
|
Apr-Jan 2017-18
|
|
Apr-Jan 2018-19
|
|
Coal
|
|
10.3335
|
|
3.2
|
|
1.0
|
|
8.0
|
|
4.8
|
|
3.2
|
|
2.6
|
|
1.8
|
|
7.1
|
|
Crude Oil
|
|
8.9833
|
|
-0.6
|
|
-0.2
|
|
-0.9
|
|
-1.4
|
|
-2.5
|
|
-0.9
|
|
-0.7
|
|
-3.8
|
|
Natural Gas
|
|
6.8768
|
|
-14.4
|
|
-12.9
|
|
-5.3
|
|
-4.7
|
|
-1.0
|
|
2.9
|
|
3.5
|
|
0.5
|
|
Refinery Products
|
|
28.0376
|
|
7.2
|
|
1.4
|
|
0.2
|
|
4.9
|
|
4.9
|
|
4.6
|
|
4.7
|
|
3.4
|
|
Fertilizers
|
|
2.6276
|
|
-3.3
|
|
1.5
|
|
1.3
|
|
7.0
|
|
0.2
|
|
0.03
|
|
-0.7
|
|
-0.3
|
|
Steel
|
|
17.9166
|
|
7.9
|
|
7.3
|
|
5.1
|
|
-1.3
|
|
10.7
|
|
5.6
|
|
5.7
|
|
5.0
|
|
Cement
|
|
5.3720
|
|
7.5
|
|
3.7
|
|
5.9
|
|
4.6
|
|
-1.2
|
|
6.3
|
|
4.0
|
|
13.6
|
|
Electricity
|
|
19.8530
|
|
4.0
|
|
6.1
|
|
14.8
|
|
5.7
|
|
5.8
|
|
5.3
|
|
5.3
|
|
5.7
|
|
Overall Index
|
|
100.0000
|
|
3.8
|
|
2.6
|
|
4.9
|
|
3.0
|
|
4.8
|
|
4.3
|
|
4.1
|
|
4.5
Performance of Eight Core Industries
Monthly Index & Growth Rate
Base Year: 2011-12=100
Index
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Jan-18
|
|
149.5
|
|
93.8
|
|
67.6
|
|
135.4
|
|
105.5
|
|
145.0
|
|
140.6
|
|
149.5
|
|
132.5
|
|
Feb-18
|
|
143.2
|
|
86.1
|
|
62.1
|
|
120.9
|
|
102.2
|
|
141.7
|
|
138.0
|
|
136.1
|
|
123.2
|
|
Mar-18
|
|
184.9
|
|
95.8
|
|
69.8
|
|
130.3
|
|
107.0
|
|
153.2
|
|
149.6
|
|
156.7
|
|
138.5
|
|
Apr-18
|
|
118.8
|
|
91.8
|
|
67.1
|
|
119.1
|
|
93.1
|
|
138.1
|
|
149.1
|
|
153.7
|
|
124.3
|
|
May-18
|
|
125.2
|
|
94.8
|
|
68.7
|
|
131.6
|
|
106.6
|
|
142.8
|
|
145.3
|
|
164.7
|
|
131.9
|
|
Jun-18
|
|
120.0
|
|
90.9
|
|
67.4
|
|
133.8
|
|
108.3
|
|
143.8
|
|
150.7
|
|
159.9
|
|
131.2
|
|
Jul-18
|
|
108.1
|
|
91.2
|
|
68.5
|
|
134.1
|
|
110.0
|
|
140.3
|
|
136.0
|
|
162.1
|
|
129.2
|
|
Aug-18
|
|
103.8
|
|
91.6
|
|
70.2
|
|
127.7
|
|
109.4
|
|
144.5
|
|
134.5
|
|
167.2
|
|
128.8
|
|
Sep-18
|
|
109.8
|
|
88.1
|
|
67.6
|
|
125.8
|
|
108.0
|
|
143.2
|
|
133.9
|
|
162.9
|
|
127.2
|
|
Oct-18
|
|
132.9
|
|
90.9
|
|
70.3
|
|
133.8
|
|
103.3
|
|
150.2
|
|
148.4
|
|
166.0
|
|
134.8
|
|
Nov-18
|
|
138.4
|
|
87.6
|
|
68.9
|
|
128.9
|
|
102.7
|
|
145.5
|
|
136.5
|
|
147.2
|
|
128.4
|
|
Dec-18
|
|
144.1
|
|
90.2
|
|
72.2
|
|
126.6
|
|
109.4
|
|
155.8
|
|
151.0
|
|
150.3
|
|
132.2
|
|
Jan-19
|
|
152.1
|
|
89.7
|
|
71.8
|
|
131.9
|
|
116.6
|
|
157.0
|
|
156.1
|
|
149.0
|
|
134.8
Growth Rates 
|
|
Sector
|
|
Coal
|
|
Crude Oil
|
|
Natural Gas
|
|
Refinery Products
|
|
Fertilizers
|
|
Steel
|
|
Cement
|
|
Electricity
|
|
Overall Index
|
|
Weight
|
|
10.3335
|
|
8.9833
|
|
6.8768
|
|
28.0376
|
|
2.6276
|
|
17.9166
|
|
5.3720
|
|
19.8530
|
|
100.0000
|
|
Jan-18
|
|
3.8
|
|
-3.2
|
|
-1.2
|
|
11.0
|
|
-1.6
|
|
1.7
|
|
19.6
|
|
7.7
|
|
6.2
|
|
Feb-18
|
|
1.3
|
|
-2.4
|
|
-1.8
|
|
7.8
|
|
5.2
|
|
5.0
|
|
23.0
|
|
4.6
|
|
5.4
|
|
Mar-18
|
|
9.1
|
|
-1.6
|
|
1.0
|
|
1.1
|
|
3.2
|
|
4.7
|
|
13.5
|
|
6.0
|
|
4.5
|
|
Apr-18
|
|
15.2
|
|
-0.8
|
|
5.7
|
|
2.7
|
|
4.6
|
|
3.0
|
|
21.9
|
|
2.1
|
|
4.7
|
|
May-18
|
|
12.0
|
|
-2.9
|
|
-1.4
|
|
4.9
|
|
8.4
|
|
-0.1
|
|
13.0
|
|
4.1
|
|
4.1
|
|
Jun-18
|
|
11.5
|
|
-3.4
|
|
-2.7
|
|
12.1
|
|
1.0
|
|
4.2
|
|
14.2
|
|
8.4
|
|
7.8
|
|
Jul-18
|
|
9.8
|
|
-5.4
|
|
-5.2
|
|
12.3
|
|
1.3
|
|
6.9
|
|
11.2
|
|
6.7
|
|
7.3
|
|
Aug-18
|
|
2.4
|
|
-3.7
|
|
1.0
|
|
5.1
|
|
-5.3
|
|
4.0
|
|
14.6
|
|
7.6
|
|
4.7
|
|
Sep-18
|
|
6.4
|
|
-4.2
|
|
-1.7
|
|
2.5
|
|
2.5
|
|
3.2
|
|
11.8
|
|
8.2
|
|
4.3
|
|
Oct-18
|
|
11.3
|
|
-5.0
|
|
-0.9
|
|
1.3
|
|
-11.5
|
|
2.4
|
|
18.4
|
|
10.9
|
|
4.8
|
|
Nov-18
|
|
3.7
|
|
-3.5
|
|
0.5
|
|
2.3
|
|
-8.1
|
|
5.8
|
|
8.8
|
|
5.1
|
|
3.4
|
|
Dec-18
|
|
1.1
|
|
-4.3
|
|
4.2
|
|
-4.8
|
|
-2.4
|
|
12.9
|
|
11.6
|
|
4.4
|
|
2.7
|
|
Jan-19
|
|
1.7
|
|
-4.3
|
|
6.2
|
|
-2.6
|
|
10.5
|
|
8.2
|
|
11.0
|
|
-0.4
|
|
1.8